Transactions Subject to Fund/SERV and Networking. (a) On each business day that the New York Stock Exchange is open for business and on which the Fund's Portfolios determine their per share net asset values ("Business Day"), Fund Agent shall accept, and effect changes in its records upon receipt of purchase, redemption, exchanges, and registration instructions from Insurance Company electronically through Fund/SERV ("Instructions"), without supporting documentation.
Appears in 2 contracts
Samples: Fund Participation Agreement (Lincoln Life Flexible Premium Variable Life Account M), Fund Participation Agreement (Lincoln Life & Annuity Flexible Premium Variable Life Account M)
Transactions Subject to Fund/SERV and Networking. (a) On each business day that the New York Stock Exchange is open for business and on which the Fund's Portfolios Funds determine their per share net asset values ("Business Day"), Fund Agent shall accept, and effect changes in its records upon receipt of purchase, redemption, exchanges, and registration instructions from Insurance Company electronically through Fund/SERV ("Instructions"), without supporting documentation.
Appears in 1 contract
Samples: Participation Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co)
Transactions Subject to Fund/SERV and Networking. (a) On each business day that the New York Stock Exchange is open for business and on which the Fund's Portfolios determine their Fund determines the per share net asset values of the Fund Shares ("Business Day"), Fund Agent shall accept, and effect changes in its records upon receipt of purchase, redemption, exchanges, and registration instructions from Insurance Company electronically through Fund/SERV ("Instructions"), without supporting documentation.
Appears in 1 contract
Samples: Participation Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co)
